Guavy AI Editorial TeamSentiment: 3Clout: 65

Solana Crypto Treasury Firm Joins Russell MicroCap Index

The Solana ecosystem has received some positive news as Upexi, the second-largest Solana crypto treasury company, joins the Russell MicroCap Index. This milestone is set to be recognized on June 29.

Upexi currently holds over 2 million SOL and aims to hold these tokens for the long term while generating passive income through staking. The CEO of Upexi believes that joining the index highlights the company's transformation and growth.

The Solana network has also achieved a major milestone, surpassing 100 billion transactions. This puts it in second place behind the ICP network, which has processed over 300 billion transactions.